AS PER SEBI RULES ALLOTMENT SHOULD BE OUT ON 14th OR 15th DAY FROM CLOSING DATE E.G CLOSING DATE 18/01/2008 ALLOTMENT DATE WILL BE 01/02/2008 OR 02/02/2008.. NOW SEBI IS PLANING FOR IPO REFUND SHOULD BE DONE IN 5 DAYS.......
When ever you are posting information, please mention and place the source also. e.g. allocation will happen on 1st etc. As per karvy site, tentative date of allocation is today 30th Jan
allotment will be seen on 01.02.08 positevely. pl don't hurry for this ipo allotment, you may receive refund till 5th Feb-08. RPL to be listed its issue price if market will crash another 1000-1500 point while listing.
There is some good news for investors looking to invest in the Reliance Power IPO. Reliance Power has bagged the Krishnapatnam ultra mega power project and this is likely to make the Reliance Power IPO more attractive to investors. Reliance Power’s bid of Rs. 2.33 per unit was by far the lowest in the auction and hence Reliance Power Limited would be awarded the contract for the Krishnapatnam ultra mega power project, as per sources in the Power Ministry.
Reliance Power IPO has managed to get a CRISIL IPO Grade of 4 out of 5. This grading indicates that the Reliance Power IPO is likely to do well since a CRISIL IPO grade of 4 suggests that the fundamentals of the company (Reliance Power Limited in this case) are above average when compared to other listed Indian companies. Reliance Power IPO is likely to hit the market in February 2008.
What will b listing rate? it will be depend on market if market is grater than 19000 pts. listing price will b more than 800 its my fast and nice comment fore more quries call me on +91 9829399857
pls wait till this evening to check the status of REPL karvy is doing the process fast as well as expected and the refund payment process will start from 31st Jan...and the Listing will be on 9th Feb... kindly check the link on 31st jan for your allotment status... http://203.199.177.158/ipo/ Good luck for the investors...